Author(s): Pablo Coto-Millán (Editor), Vicente Inglada
Publisher: Physica
Publication Date: 11 Dec. 2006
Edition: 2007th
Language: English
Print length: 393 pages
ISBN-10: 9783790817645
ISBN-13: 9783790817645
Book Description
An analysis of the history of economic thought reveals that transport and econ- ics have always gone hand-in-hand. Many methodological developments in e- nomic theory have emerged from the sphere of transport; Jules Dupuit (1849) and Arthur C. Pigou (1912), for example, proposed price setting in transport inf- structures, particularly on congested roads. This issue is referred to in economic literature as optimum price setting and is still the subject of much attention even today. It is difficult to imagine how the transcendental change in economic dev- opment brought about by the industrial revolution would have occurred without the invention of the railway. Today’s “new economics”, which is for some an – novative concept in economic science, is also closely linked to transport. However, not only is transport present in the entire economic tissue, it is also a key element in individual behaviour, revealed in decisions about work, place of residence and location of companies, among others. One characteristic of transport is that it is a service that can also be used as an intermediary factor in the production process or form part of final household c- sumption. Studies on this sector therefore have a number of dimensions. As it encompasses a number of branches of economic theory, the study of transport from an economic point of view is an ideal test bench for applying the methodological developments of economic science to the real world.
Editorial Reviews
From the Back Cover
This book covers the basic analytical methods used in transportation economics and policy analysis. Encompassing fields of economics such as Industrial Organisation, Welfare Economics, General Equilibrium Theory and Input-Output-Analysis, the study of transport from an economic point of view serves as a test bench for applying the methodological developments of economic science to the real world.
Each chapter begins with a brief theoretical introduction before evaluating case studies, using the most up-to-date statistical and econometric techniques.
Discussed topics include technical and allocative efficiency and productivity related to transportation economics, the impact of information and communication technologies on transportation networks, competition and the effects of deregulation, uses of time and the effects of public investment on the economy and social welfare.
The book is addressed to scientists and post-graduate students, but will also be of interest to professionals in civil and transport engineering.
Wow! eBook
